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ZKB Barrier Reverse Convertible on worst of
3M Co/Merck & Co Inc/The Walt Disney Company

ISIN: CH1510921492 Security: 151092149 Symbol: n.a. Life cycle
Secondary market

Bid Price 97.01%

Ask Price 0.00%

Currency USD

Exchange ZKB

Volume 100'000.00

Volume n.a.

Date/time (realtime) 18.02.2026 05:21:01

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
3M Co N164.17170.49USD170.49
(100.00%)
-4.01%93.770
(55.00%)
42.79%5.8654
Merck A121.66109.285USD109.29
(100.00%)
9.35%60.107
(55.00%)
50.14%9.1504
Walt Disney A107.1112.895USD112.90
(100.00%)
-5.38%62.092
(55.00%)
42.04%8.8578

Reference data

ISIN CH1510921492
Security 151092149
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'106.07

Coupon

Coupon (Coupon p.a.)10.61% (10.61% )
Coupon paymentguaranteed
Interest portion p.a.3.52%
Premium portion p.a.7.08%
Coupon date22.01.2027
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date14.01.2026
Payment day22.01.2026
First trading day22.01.2026
Last trading day14.01.2027
Final fixing day14.01.2027
Redemption date22.01.2027
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term328
Issue amount100'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 1'000.00
Performance of underlying since issue -5.10%

Product type

SSPA derivative category Yield enhancement
SSPA code Barrier reverse convertible (1230)

Legal parties

Issuer Zuercher Kantonalbank Finance (Guernsey) Ltd
Keep-Well Agreement with Zürcher Kantonalbank, Zürich
Issuer rating
Lead manager Zürcher Kantonalbank, Zürich
Payment, execution and calculation agent Zürcher Kantonalbank, Zürich

Tax aspects (Private investor tax domicile Switzerland)

Income taxYes
Withholding taxNo
Stamp duty payable in the secondary marketNo
Stamp duty payable upon delivery of the securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return3.52%
Cash value of fixed income investment upon issue100.00%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date22.01.2027
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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